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|  | 4.2.2 |  | The Purchaser Conditions Precedent have been inserted for the benefit of each
Purchaser and may, in respect of any Aircraft, be waived in writing, in whole or in
part and with or without conditions, by the Purchaser of such Aircraft without
prejudicing the right of such Purchaser to receive fulfilment of such conditions, in
whole or in part, at any later time. |
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|  | 4.2.3 |  | If any of the Purchaser Conditions Precedent in respect of an Aircraft remain
outstanding on the applicable Final Delivery Date and prior to payment of the Purchase
Price and are not waived or deferred in writing by the Purchaser of such Aircraft, such
Purchaser may at any time after 5pm in London on the applicable Final Delivery Date
terminate the obligation of such Purchaser to purchase such Aircraft from the relevant
Seller by notice to the relevant Seller, whereupon none of the parties to this
Agreement shall have any further obligation or liability with respect to such Aircraft
under this Agreement to any of the other parties to this Agreement save that the
relevant Seller shall refund the relevant Deposit plus interest in accordance with the
provisions of Clause 5.2.2 to the relevant Purchaser within three (3) Business Days
from the date of such notice by such Purchaser, and other than as set out in Clause
12.8 and Clause 4.3. |